Berkshire Hathaway has placed a $10 billion private investment in Alphabet, one of the largest single technology bets the conglomerate has ever made, structured as $5 billion in Class A stock at $351.81 per share and $5 billion in Class […]
The Dow Jones Industrial Average closed above 52,000 for the first time on Monday, with the S&P 500 and Nasdaq both notching sharp gains as Alphabet made its debut as a Dow component and megacap tech rebounded from last week’s
Stockholders of QXO and TopBuild overwhelmingly approved every proposal needed to complete QXO’s acquisition of the insulation distributor, the companies confirmed Monday, with closing now expected on or about July 1. The vote was never seriously in doubt, but the
QXO Clears Final Hurdle in $17 Billion TopBuild Takeover, Closing Set for July 1 Read More »
Apple unveiled its long-promised AI-powered Siri at WWDC this week — with a concession baked into the announcement that has reset the AI competitive map: the new assistant runs on Apple Foundation Models built in collaboration with Google’s Gemini family.
Apple Turns to Google Gemini to Power Long-Delayed Siri Reset Read More »
Clarivate has appointed former CPA Global chief executive Simon Webster as President of its Intellectual Property segment, effective June 10, with outgoing segment head Maroun Mourad departing as the London-listed analytics group accelerates a long-flagged reset of its IP business.
Clarivate Names Simon Webster to Lead IP Segment Reset Read More »
US ingredients group Ingredion has agreed to acquire UK-listed Tate & Lyle for approximately $3.6 billion, creating one of the largest pure-play specialty-ingredients businesses in the world and pulling a meaningful UK-listed name into a consolidating global sector. The transaction,
Ingredion to Acquire Tate & Lyle in $3.6 Billion Transatlantic Combination Read More »
May headline CPI rose 0.5 percent as expected, but core CPI came in at just 0.2 percent — softer than the 0.3 percent forecast — even as fresh Iran-war strikes sent the Nasdaq and oil prices moving in opposite directions
May CPI Eases Core Pressure as Iran Strikes Whipsaw US Stocks Read More »
The European Central Bank raised its key rates this morning to combat Iran-war inflation, narrowing the policy gap with the Bank of England and putting fresh pressure on the Federal Reserve, which sets policy next week. The move ends a
ECB Hikes Rates as Iran War Inflation Forces Fed Decision Next Week Read More »
US Consumer Spending Plunge dynamics have officially ignited an absolute bloodbath across American financial markets as we enter late-May 2026. Following an unexpected and devastating data release from the Commerce Department this Friday morning, Wall Street suffered one of its
NextEra Utility Deal Halt developments have officially frozen the clean energy and regulated utility capital markets as we enter the latter half of May 2026. Following an unprecedented, coordinated intervention by federal trade authorities and a coalition of state public
